Here is some information on our new “Meteor Ads” coming to JellyChip this week. Basically we’ve struggled with Chartboost and AdColony, which you will find in your Survey list because they only pay per install, not per impression.
We did things wrong from the outset.
Given this we’ve actually started to lose money from using reward ads, which is completely ridiculous.
Reward Ads were supposed to make us money - to pay for the charity gifts that users earn and JellyChip servers until JellyChip gains the user population to activate JellyChip Surveys. However we’ve been unable to recoup the costs of the points that users earn from the Reward Videos to make this worthwhile for us.
Firstly, our current Reward Ads pay less than they should. We’ve identified that somebody’s doing some funny stuff. Or we’re in the wrong geography for high-paying ads. Secondly, they only pay per app install (a ridiculous proposition).
This means that we have to beg users to install apps to make us money, which will help pay for JellyChip. And even then there’s no guarantee that they’ll actually report these installs properly. And we don’t like begging users to do things. It’s not working.
So we’ve gone back to the drawing board and fixed three issue: 1) Reward Videos should appear nonstop, not every 10 mins. Our new meteor will appear every 3-5 minutes to give you more points, faster. 2) Reward Videos should appear as a meteor, not in the Surveys List.
This is confusing for users currently and nobody likes to see rewards queued up in a list. And 3) Reward Videos must make us enough money to survive! These ads pay per impression (view) which is really good. Our financial projections estimate that each video watched earns a user 5 points and these 5 points will be paid for completely by the ad view. Fingers crossed!
We’ve identified that our new Unity Ads will also mediate between 6 providers to give users a nonstop selection of ads (hopefully).
They will also pay per impression which is perfect! If you watch an ad, we’re paid and we can justify giving you 5 points per video. Every 3-5 mins too!
This is a triple win for everyone.